PNC Provides Gray Line of Tennessee ABL Revolver

PNC Bank, N.A., a member of The PNC Financial Services Group announced the closing of a $14 million asset based revolver for Gray Line of Tennessee. The company is using the funds to refinance existing debt and to provide ongoing working capital.

Nashville-based Gray Line of Tennessee is a motorcoach company specializing in charter, shuttle and sightseeing services throughout the nation and parts of Canada.